1+1 = $16B: Harris Corp., L3 Technologies merger shakes up defense industry


    There’s a new military defense powerhouse on the block expected to bring more work and high-wage jobs to the region, thanks to the marriage of Central Florida’s second-largest tech firm to another industry giant.

    Melbourne-based Harris Corp. (NYSE: HRS) and New York-based L3 Technologies Inc. (NYSE: LLL) on Oct. 14 announced plans to merge by mid-2019, creating the defense industry’s largest deal ever.